Goodwill And Other Intangible Assets
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Sep. 30, 2012
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Goodwill And Other Intangible Assets [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Goodwill And Other Intangible Assets |
NOTE 6. GOODWILL AND OTHER INTANGIBLE ASSETS
Goodwill
There was an increase in goodwill during the three and nine months ended September 30, 2012 from $38,226 to $54,214 due to the Company’s acquisition of POC on July 2, 2012. The following table summarizes the changes in goodwill:
Indefinite Lived Intangible Assets
The Company owns certain tradenames and trademarks which provide Black Diamond Equipment, Ltd. (“Black Diamond Equipment” or “BDEL”), Gregory Mountain Products, Inc. (“Gregory” or “GMP”), and POC with the exclusive and perpetual rights to manufacture and sell their respective products. There was an increase in tradenames and trademarks during the three and nine months ended September 30, 2012 from $32,650 to $47,629 due to the Company’s acquisition of POC on July 2, 2012. The following table summarizes the changes in indefinite lived intangible assets:
Definite Lived Intangible Assets, net
Intangible assets such as certain customer relationships, core technologies and product technologies are amortizable over their estimated useful lives. The following table summarizes the changes in gross definite lived intangible assets:
Intangible assets, net of amortization as of September 30, 2012 and December 31, 2011, were as follows:
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